Wednesday, August 1, 2012

Property wins the crown again. Read the article from bloomberg. I don't know how much clearer the path to riches for NORMAL people is thru' property investment over the long term. I have to emphasize normal people. People who do not possess insider knowledge of an industry, a company or adept at picking stocks. Another relevant article is the number of property billionaires/millionaires in the singapore forbes rich list this year again. For your first million, I think the probability will be higher from your property investment. But of course.. like stocks, you need to search for the one that is undervalued with respect to the others. It must be in a good growth region, etc etc.

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